Part 404 — Great Lakes Pilotage Ratemaking
- §404.1 General ratemaking provisions.
- §404.2 Procedure and criteria for recognizing association expenses.
- §404.3-404.99 Reserved
- §404.100 Ratemaking and annual reviews in general.
- §404.101 Ratemaking step 1: Recognize previous operating expenses.
- §404.102 Ratemaking step 2: Project operating expenses, adjusting for inflation or deflation.
- §404.103 Ratemaking step 3: Estimate number of registered pilots and apprentice pilots.
- §404.104 Ratemaking step 4: Determine target pilot compensation benchmark and apprentice pilot wage benchmark.
- §404.105 Ratemaking step 5: Project needed revenue.
- §404.106 Ratemaking step 6: Calculate initial base rates.
- §404.107 Ratemaking step 7: Calculate average weighting factors by area.
- §404.108 Ratemaking step 8: Calculate revised base rates.
- §404.109 Ratemaking step 9: Review and finalize rates.